Inflation in Belarus
Consumer price inflation in Belarus averaged 9.2% in the ten years to 2024, in line with the CIS Countries regional average of 7.9%. The 2024 average figure was 5.7%. For more information on inflation, visit our dedicated page.
Belarus Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Belarus from 2014 to 2025.
Source: Macrobond.
Belarus Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 9.4 | 15.2 | 5.2 | 5.7 | 6.7 |
| Inflation (CPI, ann. var. %, eop) | 10.0 | 12.8 | 5.8 | 5.2 | 6.8 |
Inflation is stable in April
Latest reading: Consumer prices were up 5.4% in annual terms in April, stable from the previous month's reading. Relative to the prior month's figures, there were higher price pressures for housing, water, electricity, gas and other fuels (+10.1% on a year-on-year basis vs +2.6% in March) and clothing (+2.5% vs +2.3% in March). In contrast, there were milder price pressures for food and non-alcoholic beverages (+6.0% vs +7.6% in March) and transportation (+3.6% vs +5.2% in March). Finally, consumer prices were up 0.80% in April in month-on-month terms, following a 0.60% increase in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Belarusian inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Belarusian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Belarusian inflation projections.
Want to get access to the full dataset of Belarusian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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United States: Inflation rises in April from the prior month Latest reading: Consumer prices rose 3.8% in annual terms in April, following a 3.3% increase in the previous month. April’s... -
Belarus: Inflation is stable in April Latest reading: Consumer prices were up 5.4% in annual terms in April, stable from the previous month’s reading. Relative to... -
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Vietnam: Inflation rises in April from the prior month Latest reading: Consumer prices were up 5.5% on a year-on-year basis in April, following a 4.7% rise in the prior... -
Costa Rica: Fall in consumer prices softens in April Latest reading: Consumer prices declined 1.6% in annual terms in April, following a 2.1% fall in the previous month. Relative... -
Angola: Inflation eases in April from the prior month Latest reading: Consumer prices increased 11.6% on a year-on-year basis in April, following a 12.4% rise in the previous month....